Nothing is guaranteed; time is ticking. Hell, time has been ticking for nearly 20 years. This 10-15-year timeline you speak of is pure fantasy in 2024. Offtakes will be off the table if the supply can be sourced reliably/cheaper/sooner elsewhere. What does that mean for ARU? Do they become a lawsuit paper listing? The fact is, Nolans will never begin operations and forget supplying offtake agreements. Nobody is forecasting $130kg. Only ARU is because they must; otherwise, there is no business model... I hope I'm wrong and that prices rise, but I'm not going to delusionally speculate with fantasy numbers like ARUs management/BOD. (The fact is at $16c ARU is $7.5c overpriced IMO). Time will tell either way. Short-term, I expect the SP to trade sidewards and then drift up (two months), after which she slides down throughout the rest of the year, IMO.
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Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.8¢ | $275.6K | 1.626M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 2191903 | 16.5¢ |
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Price($) | Vol. | No. |
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17.0¢ | 137061 | 10 |
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No. | Vol. | Price($) |
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40 | 2191903 | 0.165 |
43 | 1331422 | 0.160 |
32 | 2186331 | 0.155 |
54 | 2092795 | 0.150 |
16 | 1937843 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 137061 | 10 |
0.175 | 674862 | 17 |
0.180 | 2047082 | 32 |
0.185 | 1299390 | 29 |
0.190 | 1578427 | 26 |
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